BlackBerry Q2 FY2023 revenue $168M, GAAP EPS -$0.09; IoT revenue up 28% YoY

BLACKBERRY Ltd

2023-Q2 EPS reported -$0.45 revenue$336,000,000

Total revenue $168M; GAAP loss per share $0.09; non-GAAP loss per share $0.05.
IoT revenue $51M (+28% YoY); Cybersecurity revenue $111M (-8% YoY); Licensing & Other $6M.
Cybersecurity ARR $321M; billings $102M (+15% sequentially).
Key design win: Volkswagen selects QNX for VW.OS across all brands.
Cash and investments $699M; net cash used by operations $23M.

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